financetom
Business
financetom
/
Business
/
Bessent says US has had very good talks with China on tariffs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bessent says US has had very good talks with China on tariffs
Aug 20, 2025 4:04 AM

(Reuters) -Treasury Secretary Scott Bessent told Fox News on Tuesday that the United States has had very good talks with China regarding tariffs as the countries attempt to reach a trade deal during a 90-day pause in tariff implementation.

"China is right now the biggest revenue line in the tariff income," Bessent said in an interview on Fox News' "The Ingraham Angle" show.

"We have had very good talks with China, I imagine we will be seeing them again before November," he added.

"I think right now the status quo is working pretty well," Bessent said.

(Reporting by Christian Martinez and Kanishka Singh; editing by Costas Pitas)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Treasury confirms expiration of Russian energy financing license
US Treasury confirms expiration of Russian energy financing license
Mar 13, 2025
WASHINGTON (Reuters) -The U.S. Treasury on Thursday confirmed that a license allowing a wind-down of energy transactions with Russian financial institutions expired as scheduled this week under stiff sanctions imposed in the final days of Joe Biden's presidency. A Treasury spokesperson said that General License 8L expired at 12:01 a.m. EDT on Wednesday. The Biden administration granted the license on...
MeiraGTx Shares Soar After Joint Venture Deal With Hologen
MeiraGTx Shares Soar After Joint Venture Deal With Hologen
Mar 13, 2025
03:23 PM EDT, 03/13/2025 (MT Newswires) -- MeiraGTx ( MGTX ) shares rose Thursday after the company said it is forming a joint venture with Hologen as part of a strategic collaboration to develop AAV-GAD for Parkinson's disease. The stock was up over 25% in recent trading after rising as much as 32.4% earlier. Trading volume topped 5.5 million shares...
Palantir Strikes AI Partnerships With Archer Aviation, Databricks
Palantir Strikes AI Partnerships With Archer Aviation, Databricks
Mar 13, 2025
03:22 PM EDT, 03/13/2025 (MT Newswires) -- Palantir Technologies ( PLTR ) on Thursday announced two artificial intelligence-focused partnerships, including one with Archer Aviation ( ACHR ) to develop software to improve aviation systems. With Palantir ( PLTR ) on board, Archer aims to accelerate the expansion of its aircraft manufacturing capabilities at the Georgia and Silicon Valley facilities, the...
US Treasury confirms expiration of Russian energy financing license
US Treasury confirms expiration of Russian energy financing license
Mar 13, 2025
WASHINGTON, March 13 (Reuters) - The U.S. Treasury on Thursday confirmed that a license allowing a wind-down of energy transactions with Russian financial institutions expired as scheduled this week under stiff sanctions imposed in the final days of Joe Biden's presidency. A Treasury spokesperson said that General License 8L expired at 12:01 a.m. EDT on Wednesday. The Biden administration granted...
Copyright 2023-2026 - www.financetom.com All Rights Reserved